Visa Jordan selects STS PayONE solution

Monday 31 May 2004 10:06 CET | News

Visa Jordan Card Services (VJCS) has announced that it will implement a National Payment Gateway using the revolutionary PayONE secure online payment solution. The PayONE solution, provided by BusinessONE, a division of the STS Group, will enable debit and credit card holders, as well as bank-account owners, to make online payments for e-Commerce and e-Government transactions, safely and in real-time. STS Group is a leading regional provider of end-to-end electronic payment and transaction technology solutions to banks and financial institutions. The implementation of the PayONE solution will leverage Visa Jordans role as the central facilitator of brick-and-mortar payments as well as EMV POS (Europay, MasterCard, Visa International point-of-sale) and ATM transactions in Jordan. PayONE will also support Visa Jordans vision of developing a consolidated National Payment Gateway for switching, processing, settlement and clearing all electronic payments resulting from the different electronic channels, that is, from Internet or mobile-based transactions. Based on IBMs WebSphere Solution, PayONE is one of the few e-payment solutions to offer customers the benefit of making both card-based as well as direct account-to-account electronic fund transfer. Thus, for the first time in Jordan, fulfillment of Business-to-Business and Government-to-Business payment transactions can be realized, securely and in real-time..

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Categories: Payments & Commerce | Payments General
Countries: World
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